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From an article in Le Monde today:

Prudent, l'Insee juge que l'effet du CNE sur l'emploi est "difficile" à mesurer. Elle estime cependant qu'il devrait permettre, "selon une hypothèse raisonnable", la création nette de "10 000 à 20 000 emplois par trimestre"...

INSEE (national statistics) prudently considers that the effect of the CNE on employment is "difficult" to measure. It estimates however that it should lead, "in a reasonable hypothesis," to the net creation of "10,000 to 20,000 jobs per quarter"...

Thierry Breton (Finance Minister) claims the CNE has already created 400,000 jobs that "don't show up yet in the statistics". Obviously the government wants to claim as many jobs as possible for its own measures, when in fact the context is one of cyclical rise which is creating jobs.

As to whether the CNE is a success, I reported on another thread, from anecdotal evidence, that small employers were hesitating to use it because it carries fairly heavy severance obligations (compared to a straightforward indefinite contract).

by afew (afew(a in a circle)eurotrib_dot_com) on Fri Mar 24th, 2006 at 10:28:20 AM EST
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